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1-bed · 886 sqftMag 218 Tower, Dubai Marina · 25th floor · completed 2010

2509, Mag 218 Tower

Sold prices and rental history: sold twice, last in December 2023, and rented once, from February 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2509 · DLD and Ejari recordsUpdated 20 December 2023
Last soldAED 1.2M20 December 2023
Current rentAED 45K /yr17 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2509, Mag 218 Tower

What is 2509 worth today?

Last sold for AED 1,200,000 in 2023

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20 Dec 2023SoldReady
AED 1,200,000AED 1,354 per sqft
17 Feb 2022RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft
6 Jul 2009Sold by developerOff-plan
AED 705,868AED 796 per sqft

Source: Dubai Land Department. Updated 20 December 2023.

Key facts

Type
1-bed apartment
Size
886 sqft
Floor
25th of 55
Parking
1B25
Developer
Dream Estate
Completed
2010
Service charge
AED 12,900 /yr
Last sold
AED 1.2M · December 2023
Building
Mag 218 Tower

About 2509, Mag 218 Tower

2509 is a one-bedroom apartment of 886 sqft on the 25th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 20 December 2023 for AED 1,200,000, or AED 1,354 per sqft, 14% above the AED 1,184 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 February 2022. The current contract, signed on 17 February 2022, is AED 45,000 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 12,900 a year.

Sales and rents for 2509 over time

Sales
Unit 2509, each saleTypical one-bed in Mag 218 Tower
1M2005201120172023Typical sale price by year: 2005 AED 721,665; 2006 AED 715,202; 2008 AED 781,429; 2009 AED 683,640; 2010 AED 724,314; 2011 AED 704,666; 2012 AED 727,380; 2013 AED 982,500; 2014 AED 1,350,000; 2015 AED 1,217,500; 2016 AED 1,100,000; 2017 AED 1,075,000; 2018 AED 995,920; 2019 AED 850,000; 2020 AED 740,000; 2021 AED 779,500; 2022 AED 900,000; 2023 AED 1,000,000; 2024 AED 1,135,000; 2025 AED 1,187,500; 2026 AED 1,185,000Sold by developer, July 2009: AED 705,868 (AED 796 per sqft)Sold, December 2023: AED 1,200,000 (AED 1,354 per sqft)

2509 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2509, each contractTypical one-bed in Mag 218 Tower
50K75K100K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 78,750; 2014 AED 85,675; 2015 AED 92,000; 2016 AED 90,000; 2017 AED 85,000; 2018 AED 78,000; 2019 AED 70,000; 2020 AED 55,000; 2021 AED 52,000; 2022 AED 61,700; 2023 AED 70,350; 2024 AED 81,000; 2025 AED 84,525; 2026 AED 80,000New contract, February 2022: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mag 218 Tower, and where 2509 sits

All 333 1-beds →

2509 last sold in December 2023 at AED 1,354 per sqft, 14% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,184). Over the last 12 months one-beds sold for AED 1,025,000 to 1,600,000, around AED 1,365 per sqft, and rent for AED 60,000 to 160,000 a year. 2509's AED 45,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Sep 20261,050,000
4 Sep 20261,150,000
14 Jul 20261,230,000
7 Jul 20261,250,000
19 1-bed sales in the last 12 months

Mag 218 Tower

Building

550 apartments, 1-bed to 2-bed over 55 floors in Dubai Marina, completed in 2010 by Dream Estate. 27 sold in the last 12 months.

Typical price per sqft
AED 1,362 Up 4.0%
Typical sale
AED 1.26M
Typical rent
AED 87K /yr
Typical yield
6.3%
Mag 218 Tower, Dubai Marina: prices, sales and rents →

Other units on the 25th floor

All 550 units in Mag 218 Tower
Value
25012-bedAED 2.03M · Nov 2024
25021-bedAED 650K · Apr 2021
25031-bedAED 605K · Sep 2011
25041-bedAED 1.03M · Nov 2016
25052-bedAED 1.6M · Jan 2013
25062-bedAED 2.5M · Mar 2026
25071-bedAED 890K · Oct 2021
1–7 of 9

2509, Mag 218 Tower in numbers

  • Sold twice: first on 6 July 2009 for AED 705,868, last on 20 December 2023 for AED 1,200,000 (AED 1,354 per sqft).
  • Rented since February 2022 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 12,900 a year (AED 14.54 per sqft).
  • One-beds in Mag 218 Tower sold for AED 1,025,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,362 per sqft.

Source: Dubai Land Department. Updated 20 December 2023.

Questions about 2509, Mag 218 Tower

What did unit 2509 last sell for?

AED 1,200,000 on 20 December 2023: AED 1,354 per sqft for 886 sqft. The unit has 2 registered sales; the first was AED 705,868 in July 2009.

What is the rent for unit 2509?

AED 45,000 a year on the contract signed on 17 February 2022.

How big is unit 2509?

886 sqft (82.3 sqm): a one-bedroom apartment on the 25th floor of a 55-storey tower completed in 2010.

What is unit 2509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mag 218 Tower sold for AED 1,025,000 to 1,600,000 in the last 12 months, around AED 1,365 per sqft.

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Mortgage on 2509, Mag 218 Tower

Starts from the last sale price (AED 1.2M, 20 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →